Alok Gupta v. Indian Overseas Bank

Delhi High Court · 20 Apr 2017 · 2017:DHC:2098
Hima Kohli; Sangita Dhingra Sehgal
W.P.(C) 2969/2017
2017:DHC:2098
civil petition_dismissed

AI Summary

The High Court disposed of the petition holding that the petitioner complied with the consent order obligations, which bind only the specified account, while the respondent may pursue other claims separately.

Full Text
Translation output
WP(C)2969/2017
HIGH COURT OF DELHI
W.P.(C) 2969/2017 & CM 12908/2017
ALOK GUPTA ..... Petitioner
Through : Mr. Shalabh Gupta, Advocate
VERSUS
INDIAN OVERSEAS BANK ..... Respondent
Through : Mr. Kunal Tandon with Mr. Shashank Shebhar, Advocates
CORAM:
HON'BLE MS. JUSTICE HIMA KOHLI
HON'BLE MS. JUSTICE SANGITA DHINGRA SEHGAL O R D E R
20.04.2017
JUDGMENT

1. Counsel for the petitioner states that he has discharged the obligations as undertaken and recorded in the consent order dated 31.3.2017 and he has filed an affidavit, as directed, with a copy to the other side.

2. Counsel for the respondent states that the consent order will bind the account of M/s Shree Hari Overseas Pvt. Ltd. alone and the respondent/Bank reserves its right to take appropriate action against the petitioner in respect of the default committed in other accounts.

3. Counsel for the petitioner is agreeable to the said submission and states that no further orders are required to be passed on the present petition. 2017:DHC:2098 WP(C)2969/2017

4. In view of the submissions made herein above, the present petition is disposed of, along with the pending application, while binding the petitioner to the undertaking recorded in the consent order dated 31.3.2017 and the affidavit filed in compliance thereto. HIMA KOHLI, J SANGITA DHINGRA SEHGAL, J APRIL 20, 2017 sk/ap